The fund will channel investment into Tacheng's modern industries, with a focus on mineral resource processing, renewable energy, agriculture and livestock technology, textiles and apparels and biomanufacturing.

Yu Xiaodong, a member of the Tacheng Prefectural Committee, said the initiative aims to convert Tacheng's strategic opportunities—opening-up, renewable energy expansion, resource development, and latecomer advantage—into concrete industrial strengths. Positioned on the Silk Road Economic Belt, the prefecture seeks to attract state-owned enterprises, listed companies and leading firms.